Noun
public private partnership (plural public private partnerships)
Alternative form of public-private partnership
public-private partnership (plural public-private partnerships)
(politics, government, business) An arrangement by which one or more private firms agrees to fund, create, or operate a facility, service, or other element of public infrastructure (such as a school, hospital, or highway) which is usually the sole responsibility of government, in return for all or some of the revenue generated by that facility or service.
public private partnership
Fashola stated this in his presentation on Public Private Partnership (PPP) on Highway Development and Management Initiative to the joint National Assembly Committee on Works, recently. Source: Internet
In this regard, the in-principle approval for the inviting request for quotations (RFQ’s) for the redevelopment plan on the PPP model was granted by the Public Private Partnership Appraisal Committee. Source: Internet
Member for Upper Saloum, Alagie Mbowe, asked, "Can the Minister inform this assembly the companies that have Public Private Partnership (PPP) Agreement with the Government?" Source: Internet
He said Lagos had already started to leverage Public Private Partnership (PPP) in providing requisite infrastructure to support businesses and enhance economic growth. Source: Internet
He said: ‘‘The Jonathan administration introduced the Global West alternative, which came in form of Public Private Partnership arrangement and the scope did not limit them to maritime security; it included enforcement, Port and Flag State control. Source: Internet
She stated that government has created a conducive environment for the private sector to participate in the development of the nation through the Public Private Partnership (PPP) agreement. Source: Internet